Page 2 - Central Bank

Sri Lankan economy to recover in second half of 2023: Central bank

The central bank said that structural economic impediments that existed across various spheres of the economy over decades were compounded by economic shocks, along with ill-timed policy choices

Israel's central bank raises interest rate to 3.75%, highest since 2008

This is the seventh consecutive rise in the base interest rate in Israel since April 2022 when the figure then stood at 0.1 per cent, reports Xinhua news agency

Central banks may reverse rate hikes in 2023 to escape slowdown: SBI

Financial markets in 2022 have remained volatile and edgy with the central banks globally in unison in a rate hike cycle

Interest rates to be reduced in 2023: Sri Lanka's central bank chief

He said that Sri Lanka's inflation rate eased to 57.2 per cent in December from 61 per cent in November, noting that this reflected that the policies they have taken from April 2022 were successful

India's current account deficit in July-Sept rises sharply to 4.4% of GDP

Balance of Payments position sees depletion of $30.4 billion, says central bank

Nifty PSU Bank index rebounds 11% in 3 days: PSB, BoB climb up to 5%

At 11:35 am; Nifty PSU Bank index, the top gainer among sectoral indices, was up 2 per cent, as against 0.06 per cent decline in the Nifty50

Govt green bonds can be a gauge for pvt sector fundraise: RBI Dy Governor

'Heartening to see banks increasing green exposure'

RE firms may use rupee loans to refinance $3 bn overseas green bonds

Costly overseas funds forcing them to tap domestic sources

RBI's forex reserves rise for fifth straight week to $564.07 billion

According to analysts, the increase in the RBI's reserves is owing to revaluation as well as the central bank's purchases of the greenback as it looks to replenish the reserves

Mexico's central bank hikes interest rate by 50 basis points to 10.50%

The central bank of Mexico (Banxico) raised the key interest rate once again to counter domestic inflationary pressure and the impact of a flagging global economy

Europe's central banks join US Fed in slowing pace of interest rate hikes

Central banks in Europe joined the US Federal Reserve in slowing down the pace of interest rate hikes as decades-high inflation shows signs of easing, media reports said

India's Nov retail inflation eases below 6% for the first time this year

India's annual retail inflation eased below its central bank's upper tolerance level for first time this year in November, on the back of softer rise in food prices, easing pressure on policymakers

Fixed denominations vs token system: Why digital cash needs to feel real

If the payment market is cornered by a few powerful private-sector platforms, they may impose hidden charges and fees

ASK Capital gets Central Bank of Ireland nod to launch India-based fund

UCITS is a regulatory framework of the European Commission for management and sale of mutual funds

RBI policy: Here is why the central bank needs to stop raising rates

RBI, following conventional wisdom, is guilty of wanting to show that it's doing something to bring down inflation while perhaps helping worsen it by slowing down efforts to increase capacity, output

RBI announces extension on HTM bond books dispensation till March 2024

Central bank decision to provide cushion for banks on government bond investments

Transactions in CBDC pilots gather pace, all minor glitches fixed swiftly

Wholesale segment averages Rs 325 crore per day in November

Parliamentary panel report recommends 6-year term for RBI governor

The report is likely to be presented during the forthcoming Winter session of Parliament, which is scheduled to begin from December 7

Global economy must start bracing for low inflation, says Raghuram Rajan

Central banks must ask themselves if their policies were nimble enough when inflation shifted from low to a high regime, said Rajan

Indian govt allows Lankans to hold $10,000 worth of rupee in cash

SL banks must open nostro accounts with Indian banks